Originally published in Principal Financial Group 2023 Sustainability Report

Principal® is committed to expanding the population of those living in financial security through long-term, responsible actions like advocating for financial inclusion and creating new opportunities for generations to come.

Customers want to do business with companies whose values align with their own. Our customers tell us these actions matter to them. They also matter to us. In fact, 2023 will mark my 40th anniversary with the company, and I’ve personally never known a time when everyone at Principal has been so focused on investing in what matters.

We aspire to create and maintain a work environment based on integrity, respect, community, and trust—so employees can contribute to their full potential and do their best work for our customers.

“I’m very proud of our nearly 20,000 employees worldwide who understand we have a unique opportunity to improve the lives of others through the work we do each day.”

Dan Houston
Chairman, President, and CEO of Principal

Our U.S. Diversity Index measures how well we’re living this out, and the 2023 Index exceeded our goal by nearly five percentage points. Additionally, our culture is regularly recognized by reputable third parties. Key workplace recognitions in 2023 highlight Principal as an ethical, responsible, and just company; a great place to work in both money management and information technology; a stand-out employer for women—and executive women in particular; and a company known for inclusion, diversity, and innovation.

Research and advocacy are two additional areas where we live out our values. In 2023, Principal sponsored the second annual Global Financial Inclusion Index,1 providing greater insight into the levers that enable or inhibit financial inclusion in markets around the world. Company leaders continue to use data from the report to drive meaningful conversations and to enrich our understanding of the customers and stakeholders we serve.

Recognizing the pressing climate concerns and investors’ interests in supporting climate action, we were honored to participate in COP28, the 28th annual United Nations climate meeting. We shared our views on sustainable investing, especially related to food and biodiversity in the face of a warming world.

That same week we released research on how global investors can help advance food security.

In communities around the world, Principal, together with Principal® Foundation, are leading efforts to foster financial security, diversity, equity, and inclusion—through financial education, volunteerism, grant- making, sponsorship, and more. Principal® Foundation committed $18 million to our communities in 2023, which is just one piece of the story. The Principal Foundation and Community Relations teams have diligently grown their initiatives globally, ensuring our programs and resources are aligned with our highest priorities.

Additional highlights from 2023:

In 2021, with support from Principal Foundation, we committed to double the number of diverse small and midsize businesses (SMBs) we support by 2025.
We are proud to have achieved that goal in 2023, and we’re setting a new goal for 2025.From an environmental perspective, we are confident we’ll reach our long-term goal of achieving a 65% reduction in our global scope 1 and scope 2 market-based greenhouse gas (GHG) emissions by 2034. Our glide path goal is an average 4.3% reduction per year. We achieved this goal again in 2023, with meaningful decreases in our emissions both in the U.S. and globally. On average, since 2019, we’ve reduced GHG emissions by 11.5% each year.And, through our commitment to sustainable investing, in 2023 we implemented sustainability guidelines for the Principal Life Insurance Company® general account, covering two-thirds of the assets under management in our general account.

I invite you to learn more about these initiatives (and many more) as you read this report, including the progress we’re making toward our long-term commitments as shown on page 12. I’m very proud of our nearly 20,000 employees worldwide who understand we have a unique opportunity to improve the lives of others through the work we do each day. Their belief that financial security can and should be more universally accessible is inspiring, as is their dedication to supporting our customers and our communities.

Thank you for your interest in Principal and your desire to learn more about our goals and our progress. We know we can do more, and I look forward to seeing how we continue to live up to customers’ expectations and move the needle even further in 2024.

Dan Houston
Chairman, President, and CEO

To learn more, read the Principal Financial Group 2023 Sustainability Report.

1The Global Financial Inclusion Index is a proprietary model output based upon certain assumptions that may change,are not guaranteed and should not be relied upon as a significant basis for an investment decision.

Principal Financial Group Foundation, Inc (“Principal® Foundation”) is a duly recognized 501(c)(3) entity focused on providing philanthropic support to programs that build financial security in the communities where Principal Financial Group, Inc. (“Principal’ operates. While Principal Foundation receives funding from Principal, Principal Foundation is a distinc independent, charitabl entity. Principal Foundation does not practice any form of investment advisory services and is not authorized to do so. © 2024 Principal Foundation.

Insurance products issued by Principal National Life Insurance Co (except in NY) and Principal Life Insurance Company®. Plan administrative services offered by Principal Life. Principal Funds, Inc. is distributed by Principal Funds Distributor, Inc. Securities offered through Principal Securities, Inc., member SIPC and/or independent broker/dealers. Referenced companies are members of the Principal Financial Group®, Des Moines, IA 50392.​

3646640-062024

Originally published in T-Mobile’s 2023 Corporate Responsibility Report

One important factor that influences student success in school is having consistent access to a reliable internet connection. Connectivity affects everything from student participation and attendance to motivation and academic performance. And, as digital skills become more essential for careers, it’s important that the next generation can effectively and responsibly engage in the digital world to prepare for an increasingly connected future.

In 2023, we continued to go all in to tackle this issue through Project 10Million and other education initiatives — underscoring our commitment to support families across the U.S. who are disproportionately affected by the digital divide.

We’re offering a free mobile hotspot and free internet connectivity to up to 10 million eligible student households across the U.S. T-Mobile also offers school districts free and heavily subsidized data plans for their students. Through this program, both students and their families also have access to affordable laptops and tablets.

We’ve already made a big impact in bridging the digital divide in America by connecting nearly six million students to the internet and providing over $6.4 billion in products and services.

With millions of students11 still unconnected, we’re working tirelessly to reach as many eligible households as we can. That’s why we partner with organizations like Big Brothers Big Sisters of America (BBBS), one of the country’s most trusted non-profit organizations, with a network of 230 agencies across 5,000 communities. Together, we’re increasing awareness of Project 10Million and the huge opportunity it presents to eligible families.

Students Connected 

Offer connectivity to up to 10 million eligible K-12 students through Project 10Million and other education initiatives

2023 – 5.9M 

2022 – 5.3M 

2021 – 3.2M 

We’re also working alongside school districts and education partners to collaborate on the best ways to serve students’ evolving needs and provide ongoing and adaptable solutions to promote digital equity. While we’re proud of the impact we’ve made on this important issue so far, we know we have a lot more work to do to make connectivity equitable for all.

School district administrators can apply here and eligible student families can sign up here.

Learn more about Project 10Million and sign up to connect your family today.

11 https://www.commonsensemedia.org/sites/default/files/featured-content/files/final_-_what_it_will_take_to_permanently_close_the_k-12_digital_divide_vfeb3.pdf

Originally Published in Webster Bank’s 2023 Corporate Responsibility Report

Dear Shareholders,

Our 2023 Corporate Responsibility Report is a demonstration of our ongoing commitment to environmental, social and governance principles. It summarizes our strategic approach to creating a positive social and environmental impact within an effective governance framework, based on strong ethics and risk management.

This Report demonstrates how our values drive our collective commitment to serving our clients, our communities and each other every day.

During the past year, we marked several achievements that helped grow our businesses, while supporting our sustainability initiatives. Under the leadership of Chief Corporate Responsibility Officer Marissa Weidner and her team, we launched a multiyear Community Investment Strategy bringing greater scale and additional resources to the communities we serve. In the two years since its inception, this investment strategy is creating an even stronger foundation to provide more opportunities and value across our footprint.

As part of our Community Investment Strategy, we introduced the “Webster You’re Home” program, a new Special Purpose Credit Program designed to increase access to home ownership. We launched our Minority and Women Owned Business Enterprise program, which delivers financial solutions and serves as a catalyst for economic empowerment and self-sufficiency through greater access to capital. We also expanded our signature Webster Finance Lab initiative by working with nonprofit partners in New York, Connecticut and Massachusetts to empower youth, help them learn about the financial industry and build our future workforce.

Our colleagues live our values of Integrity, Collaboration, Agility, Accountability, Respect and Excellence, and we’re guided by those values in the way we do business every day. They form the cornerstone of our culture, bringing us together to create a great place to work, and to attract and retain talent.

Our Diversity, Equity, Inclusion and Belonging Council, which I co-chair, helps shape our program throughout the organization. During the past year, our Business Resource Group members volunteered their time to network, build awareness and foster belonging with their colleagues. They also support our communities by sharing their time and talents. We strive to be an employer of choice, providing colleagues with opportunities to grow and develop professionally in a challenging and rewarding business environment.

Building on our strong governance foundation, we continue to incorporate recognized ESG frameworks into our reporting to further enhance transparency. We believe in conducting business in a responsible manner that supports the well-being of our cities and towns. We continue to advance plans to create efficiencies in our operations and seek to maintain low-emission and energy-smart work environments.

We are embedding our environmental and social priorities within our business processes, elevating our approach to these important initiatives. All of these efforts are possible because of the unwavering support from my Webster colleagues to the shared values and mission that drive our progress.

As always, I would like to thank our passionate colleagues whose selfless contributions and dedication to excellence have helped make our company and the communities we serve a better place. Webster moves forward in 2024, proud of our achievements, and with a steadfast commitment to continue to make progress with purpose.

Sincerely,

John R. Ciulla

President and Chief Executive Officer

This commitment to excellence drives our corporate responsibility strategy.

Learn more about Webster Bank’s achievements, and commitment to continue to make progress with purpose.

Originally published on Aflac Newsroom

Aflac is firmly rooted in a culture of caring — for employees, policyholders and throughout the communities where we live and work. Giving back is at the heart of the company and our employees who lend their time, talents and passion to help those in need. In fact, in 2023 alone, Aflac employees spent 10,000 hours volunteering, making a difference and creating positive change in their communities. 

Watch the video above to learn more about what drives some of Aflac’s employee volunteers.

ALEXANDRIA, Va., June 25, 2024 /3BL/ – The Responsible Business Alliance (RBA) today announced the launch of its Chemical Management Leadership Program, a risk-based, voluntary commitment program to advance responsible chemical management in global electronics supply chains.

The RBA and its member companies strive to drive the adoption of leading standards in responsible chemical management throughout the electronics production value chain to protect workers’ health and safety. The RBA’s goal to advance sustainability globally is grounded in its Code of Conduct, which includes occupational health and safety provisions that require worker exposures to chemical, biological, and physical agents to be appropriately identified, evaluated, and controlled in accordance with a hierarchy of controls.

Standards on supply chain due diligence and materials restrictions are relatively fragmented in the electronics production sector, accentuating the benefits of an industry-wide collaboration to accelerate progress. In collaboration with its member companies, the RBA developed the Chemical Management Leadership Program (CMLP) to harmonize chemical management due diligence efforts and support industry leaders in demonstrating continuous improvement through increased transparency and collective action.

This program is inspired and enabled by industry collaboration among RBA members and their suppliers, intergovernmental organizations, non-governmental organizations, and other stakeholders. The program seeks to advance progress on the sound management of chemicals toward the United Nations Sustainable Development Goals (SDGs).

The CMLP was designed to align with the internationally recognized approach to responsible business conduct articulated in the OECD Due Diligence Guidance for Responsible Business Conduct and the OECD Guidelines for Multinational Enterprises on Responsible Business Conduct. Based on these guidelines, the program was designed to enable industry collective action that is risk-based and strives for continuous improvement. It is supported by the RBA’s Code of Conduct and Specialty Validated Assessment Program (SVAP) on Chemical Management, in addition to other resources.

“The RBA encourages all companies to adopt a risk-based approach to chemical management due diligence,” said Rob Lederer, CEO of the Responsible Business Alliance. “The RBA Chemical Management Leadership Program will facilitate best practices and further protect workers throughout global electronics supply chains.”

The objectives of the CMLP are to:

Enable collective action and responsible transparency on chemical management risks in the electronics supply chain through an inclusive, efficient, and scalable leadership programHarmonize industry efforts on risk-based chemical management due diligence practicesSupport the adoption, implementation, and continual improvement of more sustainable chemistry and occupational health and safety management practices in the electronics production sectorFacilitate meaningful stakeholder dialogue to advance worker engagement, align industry on sustainability targets, and support development of safer alternative chemical formulations

RBA member companies can learn more about participation in the RBA’s Chemical Management Leadership Program by contacting environment@responsiblebusiness.org.

About the Responsible Business Alliance 
The Responsible Business Alliance (RBA) is a mission-driven organization comprised of leading companies dedicated to responsible business conduct in their global supply chains. The RBA has a Code of Conduct and a range of programs, training and assessment tools to support continuous improvement. The organization has a global footprint, with offices in North America, Europe and Asia. The RBA and its Responsible Minerals, Labor and Factory Initiatives have more than 500 members with combined annual revenues of greater than $7.7 trillion, directly employing over 21.5 million people, with products manufactured in more than 120 countries. For more information, visit ResponsibleBusiness.org.

Media Contact 
Jarrett Bens, Senior Director of Communications 
Responsible Business Alliance 
Phone: +1 571.858.5721 
jbens@responsiblebusiness.org

As we celebrate Infrastructure Week, we want to highlight our Beach Haven Battery Storage Project. This initiative, located at our decommissioned substation in Beach Haven, NJ, represents our commitment to a smarter, stronger, and cleaner energy grid for South Jersey. By installing a state-of-the-art battery storage system, we aim to enhance energy service reliability for Beach Haven and Long Beach Island, especially during peak demand periods.

The project includes the installation of advanced technology such as fiber optics, modern battery modules, and comprehensive safety measures. This effort is a significant part of our broader strategy to fortify the energy infrastructure across southern New Jersey, ensuring resilience and minimizing outages.

Learn more about our innovative projects aimed at building a more reliable energy future: https://lnkd.in/eY77Ppv7

Atlantic City Electric is a unit of Exelon (Nasdaq: EXC), a Fortune 250 company and the nation’s largest utility company, serving more than 10 million customers. Atlantic City Electric provides safe and reliable energy service to approximately 572,000 customers in southern New Jersey.

To learn more about Atlantic City Electric, visit The Source, Atlantic City Electric’s online newsroom. Find additional information by visiting atlanticcityelectric.com, on Facebook at facebook.com/AtlanticCityElectric, and on X, formerly known as Twitter, at twitter.com/AcEleCconnect. Atlantic City Electric’s mobile app is available at atlanticcityelectric.com/MobileApp.

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DIBOLL, Texas, June 25, 2024 /3BL/ – For over 35 years, employees at Georgia-Pacific’s Particleboard plant in Diboll, Texas have been participating in Operation Clean Sweep, a project by the Diboll Service Club. This initiative enlists community volunteers and donations to help the elderly and disabled with home repairs.

Recently, homeowner Bobby Ryan, a retiree from the building products industry in Diboll, was diagnosed with cancer and became dependent on a wheelchair for mobility. This made it difficult for him to enjoy his backyard.

“When we got the call for help, we didn’t hesitate to put our resources and skills to work for Bobby and his wife,” said Andy Parish, a Georgia-Pacific Diboll Particleboard employee and Operation Clean Sweep team lead. “After all, it’s only a couple of days of our time to build a much-needed wheelchair ramp that will make a world of difference to the Ryan family.

It took the team only two days to build the ramp. With tears streaming down her cheeks, Lillian Ryan said the ramp is a true blessing.

“This ramp will give my husband, who is now in Hospice care, the opportunity to sit outside and enjoy our backyard,” said Lillian. “I can’t put into words how much we appreciate this group of men. They are angels.”

In addition to the volunteer hours, Georgia-Pacific donated $5,000 toward the Operation Clean Sweep program.

Over the last three decades, Diboll Particleboard employees have built or repaired everything from roofs and porches to doors and ramps. “It’s one thing to tell your neighbor that you love them, but it is another thing to show them—and that’s what we are trying to do here,” said Andy.

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With the EU’s deforestation regulation (EUDR) in centre view and commodity buyers increasingly demanding deforestation-free products, farm-level vs plot-level monitoring might just be the most important detail that you’ve never heard of.

Like many people, you may want to buy food that was produced in ways that align with your values—whether that is environmental sustainability, fair prices for farmers, or avoidance of harmful pesticides.

When you buy a banana or a cup of coffee that claims to be organic or fair trade or wildlife-friendly, you probably assume that the farm on which that banana or coffee was produced meets those criteria—and you’d mostly be correct!

However, when it comes to products that claim to be deforestation-free, the situation might not be what you expect. That’s because some companies are choosing to call products deforestation-free even if there is recent or ongoing deforestation on the farms where they were produced.

For the large majority of consumers that don’t want their groceries linked to deforestation (82% of Europeans polled), this is a dismaying prospect. And for commodity buyers—such as consumer brands that purchase soy, palm oil, and other ingredients for the products they make—it poses a significant business risk.

What’s happening on the ground? 

In an effort to bolster their deforestation-free claims without actually needing to eliminate deforestation from their supply chains, some companies are choosing to use maps that divide up the farms that they buy from into bits and pieces called plots. If one or more plots on a farm have not had recent deforestation, they would call the crops from those plots deforestation-free—even if the plot right next to them on the same farm is in the process of being deforested.

This determination of deforestation-free status at levels smaller than a farm allows companies to continue purchasing from producers that are actively clearing natural ecosystems, while claiming that much of the product from those farms is compliant with their own deforestation-free commitments.

Why is it a problem? 

When commodity buyers determine deforestation-free status at levels smaller than a farm, they may be complicit in facilitating continued deforestation by their suppliers. They also risk making false or misleading claims about their products.

Compliance assessment at the level of the farm, plantation, ranch, or forest management unit is a widely established convention. As the banana and coffee examples illustrate, most people understand food sustainability claims to refer to practices and performance at the farm level. This includes the criteria of most major agricultural and forestry certification programmes. In addition, major industry associations, such as the Consumer Goods Forum (CGF), have indicated that compliance with deforestation-free policies should be assessed at the farm level.

If a producer is actively engaging in harmful practices, it would be misleading and contrary to the spirit of sustainability efforts to make a claim of deforestation-free (or pesticide-free or child labour free) for any portion of the farm’s goods.

What’s more, even if the policies of a buyer or market did allow for deforestation to be assessed at the sub-farm level, the division of product volumes from the same farm into ‘compliant’ and ‘non-compliant’ portions is generally not possible in practice. That’s because very few farms have the infrastructure to fully segregate materials based on their deforestation-free status. Rather, products from different plots on the same farm are typically mixed (think of the harvesting machines, trucks, and silos used on many farms). Thus, in many contexts where there is active deforestation, sub-farm compliance assessment all but ensures that some materials claimed as deforestation-free were actually produced on recently deforested plots.

So what is a responsible business to do?

No-deforestation is fast becoming a mainstream expectation—and in some places a legal requirement—across the agri-food sector. With their reputation, credibility, business relationships, and regulatory compliance on the line, smart companies know not to play fast and loose with sustainability claims.

Fortunately, there is no need for methodological sleights-of-hand when real solutions to achieve deforestation-free supply chains and support valid claims are well within reach.

Specifically, companies should use a whole-farm approach to assess and address deforestation, following the lead of most sustainability certification programmes, industry groups such as the CGF Forest Positive Coalition, and the consensus recommendation of leading civil society organisations provided in the Accountability Framework. Commodity buyers should ask their direct and indirect suppliers to do the same—lest they unwittingly purchase products sold as deforestation-free that are not actually so. And companies should report progress towards deforestation-free supply chains based on the whole-farm assessment approach. This is in line with leading reporting standards such as GRI and disclosure systems such as CDP.

Service providers, industry groups, and NGOs can, likewise, do their part to promote standard and credible methods for deforestation-free supply chains based on the whole-farm approach to assessing, addressing, and reporting on deforestation.

The whole-farm approach is also a wise way to implement the EU deforestation regulation (EUDR). While it is unclear whether sub-farm level assessment is permissible according to the EUDR’s stipulation to evaluate deforestation on the “plot of land,” attempting to monitor and document compliance at the sub-farm level is a risky proposition. This is due to the practical difficulties of segregating and tracing materials from different plots of land within the same farm, and therefore of demonstrating the deforestation-free provenance of such materials to European enforcement authorities.

The forests matter, and so do the trees

The scale of monitoring for deforestation may seem like a nitpicky technical issue in a sea of big problems. But, as with most thorny issues, when it comes to halting deforestation, the devil is in the details.

Let’s get the details right and apply them consistently throughout the food and forest products sectors. That way, we can focus our energy on deploying real solutions to halt commodity-driven deforestation.

Written by Jeff Milder – Director of the Accountability Framework initiative, a collaborative programme led by a global coalition of environmental and human rights organisations to achieve supply chains that are protective of forests, other natural ecosystems, and human rights.

About the Forest Positive Coalition

The Consumer Goods Forum (CGF) Forest Positive Coalition of Action is a CEO-led initiative representing 21 CGF member companies who are committed to leveraging collective action and accelerating systemic efforts to remove deforestation, forest degradation and conversion from key commodity supply chains.

Launched in 2020, the Coalition represents a dynamic shift in the industry’s approach to stopping deforestation: by mobilising the leading position of member companies to build multi-stakeholder partnerships and develop effective implementation and engagement strategies, the Coalition brings together diverse stakeholders for sustainable impact.

These efforts support the development of forest-positive businesses that drive transformational change in key landscapes and commodity supply chains, strengthening the resilience of communities and ecosystems worldwide.

About The Consumer Goods Forum

The Consumer Goods Forum (“CGF”) is a global, parity-based industry network that is driven by its members to encourage the global adoption of practices and standards that serves the consumer goods industry worldwide.

It brings together the CEOs and senior management of some 400 retailers, manufacturers, service providers, and other stakeholders across 70 countries, and it reflects the diversity of the industry in geography, size, product category and format.

Its member companies have combined sales of EUR 4.6 trillion and directly employ nearly 10 million people, with a further 90 million related jobs estimated along the value chain. It is governed by its Board of Directors, which comprises more than 55 manufacturer and retailer CEOs.

SWORDS, Ireland, June 25, 2024 /3BL/ – Trane Technologies (NYSE: TT), a global climate innovator, today announced its successful completion of the U.S. Department of Energy’s (DOE) Residential Cold Climate Heat Pump (CCHP) Challenge for high-efficiency heating in extremely cold temperatures.

After surpassing DOE laboratory tests, the Trane® high-efficiency, Cold Climate Heat Pump prototype, installed at a Boise, Idaho residence, successfully warmed the home for two winters by extracting heat from the air – relying on its backup electric heat strip only 10% of the time. During field trials over two full summer and winter seasons of cooling and heating, the prototype delivered the homeowner 15-20% average energy bill savings.

“We were confident going into the Cold Climate Heat Pump Challenge in our ability to deliver cutting-edge, highly-efficient climate control solutions – the results were outstanding and we’re proud of our performance,” said Dwayne Cowan, president, Residential HVAC, Trane Technologies. “Backed by our purpose-driven strategy and relentless investment in innovation, we are ready to continue scaling today’s technology for a sustainable tomorrow.”

“Our modeling was spot on with how the prototype functioned in the field, and we were thrilled to hear of the homeowner’s outstanding reviews as well as their energy savings,” said Katie Davis, vice president of engineering and technology, Residential HVAC, Trane Technologies. “We are excited to advance electrification of heating in homes while maintaining both comfort and efficiency for its occupants.”

Trane Technologies is one of the first companies to successfully complete the CCHP challenge. The company’s prototype has been relocated to its Tyler, Texas manufacturing facility, where it will continue to undergo robust performance evaluations at the site’s new state-of-the-art psychrometric testing labs – used for new product development programs and capable of withstanding temperatures as low as negative 20 degrees Fahrenheit.

The company will complete the design for its new Trane residential Cold Climate Heat Pump, with additional comfort and efficiency enhancements, in 2025. The Cold Climate Heat Pump will be compatible with advanced, connected comfort solutions including Trane Link, enabling seamless integration with Trane’s comprehensive ecosystem of smart home technologies. Additionally, all heat pumps 15 SEER and higher in the company’s newly-announced residential portfolio meet the requirements for the Energy Efficient Home Improvement Tax Credit and incentives and rebates available through the Inflation Reduction Act – significantly reducing upfront costs and achieving long-term energy bill savings for homeowners.

Through bold, industry-leading action and innovation, Trane Technologies is advancing its 2030 Sustainability Commitments, including the Gigaton Challenge to reduce customer emissions by a billion metric tons and its pledge to reach net-zero carbon emissions by 2050. The company’s emissions reduction targets have been externally validated by the Science Based Targets Initiative (SBTi).

# # # 
 

About Trane Technologies 
Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes, and transportation. Learn more at tranetechnologies.com.

About Trane 
Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com.

Forward Looking Statements: 
This news release includes “forward-looking statements” within the meaning of securities laws, which are statements that are not historical facts, including statements that relate to our development of high efficiency climate control solutions, our sustainability commitments and the impact of these commitments. These forward-looking statements are based on our current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from our current expectations. Factors that could cause such differences can be found in our Form 10-K for the year ended December 31, 2023, as well as our subsequent reports on Form 10-Q and other SEC filings. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect the Company. We assume no obligation to update these forward-looking statements.

This year, the Whirlpool Corp. x Benton Harbor High School mentorship program with Youth Solutions, Inc. Jobs for Michigan Graduates supported 30 students through workplace simulations, style and presentation tips, handshake practice, and dining etiquette to equip the young professionals for success in their next chapter.

Before the semester’s end, the students were joined by Whirlpool mentors and a local etiquette specialist to learn how to Dress For Success. To tailor the insights to each individual, mentors helped the students merge their personal style with professional impact during a hands-on shopping experience. Whether they are pursuing college, technical training, or are headed straight into the job market, mentors made sure each mentee was styled for success.

Join Whirlpool Corporation in celebrating their professional glow up and wishing them well on their next life step!

About Whirlpool Corporation

Whirlpool Corporation (NYSE: WHR) is a leading kitchen and laundry appliance company, in constant pursuit of improving life at home and inspiring generations with our brands. The company is driving meaningful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, JennAir, Maytag, Amana, Brastemp, Consul, and InSinkErator. In 2023, the company reported approximately $19 billion in annual sales, 59,000 employees, and 55 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.

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